TARGET CORP (TGT)
US87612E1064 - Common Stock
TARGET CORP
NYSE:TGT (11/20/2024, 8:04:00 PM)
Premarket: 122.29 +0.57 (+0.47%)121.72
-34.28 (-21.97%)
Company Profile
Target Corp. engages in the operation and ownership of general merchandise stores. The company is headquartered in Minneapolis, Minnesota and currently employs 415,000 full-time employees. The firm serves guests at nearly 2,000 stores and at Target.com. The company offers to its customers, referred to as guests, everyday essentials and fashionable, differentiated merchandise at discounted prices. The majority of its stores offer a wide assortment of general merchandise and food. Its merchandise categories include apparel and accessories, beauty and household essentials, food and beverage, hardlines, and home furnishings and decor. Most of its stores larger than 170,000 square feet offer a variety of general merchandise and a full line of food items comparable to traditional supermarkets. Its digital channels include a wide merchandise and food assortment, including many items found in its stores, along with a complementary assortment sold by the Company and third parties. Its brands include A New Day, Ava & Viv, Cloud Island, Favorite Day, and others.
Company Info
TARGET CORP
1000 Nicollet Mall
Minneapolis MINNESOTA 55403
P: 16123046073
CEO: Brian C. Cornell
Employees: 415000
Website: https://corporate.target.com/
TGT News
3 hours ago - Target CorporationTarget anuncia ofertas de Black Friday de hasta un 50% de descuento en miles de artículos a partir de hoyDesde ahora y hasta el 30 de noviembre, los consumidores pueden aprovechar al máximo sus presupuestos para las fiestas con algunas de las mejores ofertas de...
3 hours ago - Target CorporationTarget Announces Black Friday Deals of Up to 50% Off on Thousands of Items Starting TodayNow through Nov. 30, consumers can make the most of their holiday budgets with some of Target's deepest deals of the season Target will offer special...
18 hours ago - ChartmillTop S&P500 movers in Wednesday's sessionJoin us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Wednesday as we examine the latest happenings in today's session.
19 hours ago - Market News VideoWednesday Sector Laggards: Services, Technology & Communications19 hours ago - The Motley FoolWhy Dollar General Stock Was Sliding Today19 hours ago - StockStoryWhy Target (TGT) Stock Is Trading Lower TodayShares of general merchandise retailer Target (NYSE:TGT) fell 22.4% in the afternoon session after the company reported weak third-quarter results. Despite a modest increase in comparable sales driven by strong guest traffic and digital sales, same-store sales declined by 1.9%, reflecting a drop in in-store purchases. Profitability also came under pressure, as gross margin fell slightly due to higher supply chain and fulfillment costs. This,combined with elevated operating expenses, contributed to a significant EPS miss. Additionally, Target's full-year EPS guidance was reduced and missed significantly, further disappointing investors. Management called out "unique challenges and cost pressures that impacted our bottom-line performance." Overall, this was a surprisingly bad quarter.
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